London financier Per WimmerÂ had a bit of good news to deliver during Space Investment Summit 6Â on Wednesday. The willingness of investors to take financial risks seems to have recovered.
“In the past six weeks, (there has) been a massive change in the marketplace,” Wimmer told the audience.
Wimmer said he had been up at 2:30 a.m. to complete a million dollar deal; he completed a second deal worth $25 million by lunchtime. Although neither of the deals involved space, the recovery of investor’s “risk appetite” was a good sign for commercial space.
Wimmer has reservations on both Virgin Galactic and XCOR, which are both planning space tourism flights.